QQQJ: INVESCO NASDAQ NEXT GEN 100 ETF
What this ETF is trying to do
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) is designed to provide exposure to a specific group of companies. Based on its top holdings, it invests in a variety of businesses across technology, healthcare, and travel. Some of its largest holdings include Natera Inc (2.52%), eBay Inc (2.47%), and Revolution Medicines Inc (2.12%).
What the numbers show
As of October 6, 2026, the share price was $45.06. To understand how the ETF has performed, we look at two different types of returns: price return (the change in the share price) and total return (which includes the share price change plus distributions).
• Year-to-Date (YTD): The price return is 22.28%, while the total return is 23.03%.
• One Year: The price return is 23.35%, and the total return is 24.33%.
• Three Year: The price return is 83.77%, and the total return is 88.46%.
For a simple example, the estimated price from roughly one year ago was $36.53. If you had invested $10,000 based on that estimated price, the price-only growth (excluding distributions) would be approximately 23.35%.
Income and distribution explanation
This ETF pays out cash to investors, known as distributions. It usually pays these quarterly. Over the last 12 months, it has made 4 payouts.
The distribution yield is 0.73%. It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the actual value of the assets inside an ETF drops over time, often causing the share price to fall even if the market seems stable.
StockValueFinder uses an erosion-risk score to measure this. QQQJ has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the price trend did not trigger a warning.
Pros
• Strong total returns over the one-year and three-year periods.
• No detected price erosion according to the erosion-risk score.
• Diversified top holdings across different industries.
Cons
• The distribution yield is relatively low (0.73%) for investors seeking high current income.
Beginner takeaway
QQQJ has shown significant price growth over the last three years. While it provides some cash income through quarterly distributions, its primary movement has been in its share price. It currently shows a "good" erosion severity rating, meaning there are no structural warnings regarding its value.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NATERA INC | NTRA | 2.52% |
| 2 | EBAY INC | EBAY | 2.47% |
| 3 | REVOLUTION MEDICINES INC ORDINARY SHARES | RVMD | 2.12% |
| 4 | FLEX LTD | FLEX | 2.01% |
| 5 | NETAPP INC | NTAP | 1.92% |
| 6 | ILLUMINA INC | ILMN | 1.76% |
| 7 | ELBIT SYSTEMS LTD | n/a | 1.75% |
| 8 | STEEL DYNAMICS INC | STLD | 1.75% |
| 9 | UNITED AIRLINES HOLDINGS INC | UAL | 1.75% |
| 10 | EXPEDIA GROUP INC | EXPE | 1.67% |